Attractive residential and commercial building – investment with potential

Key facts

Purchase price & costs

About this house

For sale is a residential and commercial building on a plot of approximately 593 sq m in a highly visible location at the entrance to Pewsum. The prominent position ensures high advertising effectiveness for the commercial section, as numerous vehicles pass the property every day.

The front part of the building is currently used by a long-established driving school. There is currently no lease agreement, meaning this area can be handed over vacant and available for immediate occupancy upon sale. However, the driving school has indicated its interest in remaining on the premises and would be willing to conclude a lease agreement on standard market terms. The commercial area comprises approximately 72 sq m and includes a training room, a WC and a storage room.

The rear part of the building contains a residential unit of approximately 50 sq m, which has been reliably rented out for around 13 years. This provides the purchaser with a solid basis for ongoing rental income.

The property also includes a garage with a pitched roof, a small lawn area and at least four outdoor parking spaces on the paved area in front of the building. These parking spaces provide convenience for customers, visitors and tenants.

The original year of construction of the property is unknown; however, extensive structural alterations were carried out in 1968.

The combination of commercial and residential use offers interesting prospects both for investors and owner-occupiers.

Residential building
The residential unit is located in the rear part of the property and has a separate entrance.

On the ground floor, the hallway provides access to all rooms, including the bright living room, the kitchen with an existing fitted kitchen, the shower bathroom with WC, and the utility room with adjoining heating room.

An internal staircase leads to the upper floor, which is currently partially used by the tenant. Two bedrooms and a hallway area are available here. In addition, the upper floor contains a larger unfinished area, which is currently used as ancillary space and offers further potential for conversion.
The upper floor has so far only been partially finished and offers the future owner additional scope for expansion. The upper floor has already been insulated.

The outdoor area
The property includes a garage with a pitched roof, as well as an adjoining shed located at the rear, to the side of the house. The areas offer additional Storage and warehousing options.

However, the covered terrace, the log cabin and the pavilion, which are also located on the property, are not part of the sale.

Conclusion:
The property offered here combines residential and commercial use at a highly visible location with high footfall in Pewsum.
The flexible use of the commercial area, the residential unit rented out on a long-term basis, and the existing potential for expansion offer both investors and owner-occupiers a wide range of possibilities.
Additional usable space in the attic, a garage and sufficient parking spaces round off the offer. A rare opportunity for interested parties seeking a property with potential and scope for design.

Location